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In Memory of Rajat Deb: Inspiring Man of Ideas and Remarkable Silicon Valley Archetype

By Anjuli Deb -- With deep sadness and profound appreciation, we share the passing of LCG's founder, Dr. Rajat K. Deb. He was our president and one of the first entrepreneurs in the computer revolution. He was also our friend, our teacher and mentor, and for a few of us, our father and grandfather.

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DOE Closes $1.9 Billion Loan to Restart Duane Arnold Nuclear Plant in Iowa

LCG, September 9, 2026--The U.S. Department of Energy’s (DOE) Office of Energy Dominance Financing (EDF) yesterday announced the financial close of a loan of up to $1.9 billion to NextEra Energy to support the finance of the restart of Iowa's only nuclear power plant, the Duane Arnold Energy Center. EDF has now financed three, carbon-free nuclear plant restarts and completed four concurrent conditional commitments and financial closings under the current Administration. This latest investment, along with the others, advance the Administration's energy dominance agenda and Executive Order, Reinvigorating the Nuclear Industrial Base.

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Industry News

UK to Push Hydroelectric Expansion

LCG, July 20, 2001Brian Wilson, the new energy minister in Britain's Labour government, was expected to announce plans today for an expansion of hydroelectric power as a means for the UK to meet climate change targets.

The proposals are expected to set in motion a 250 million ($350 million U.S.) hydroelectric program by Scottish and Southern Plc, the Financial Times said. Scottish and Southern is the UK's largest hydroelectric generator.

Wilson's plan is to extend the government's renewables program to include all new hydroelectric facilities and recondition plants of up to 20 megawatts, instead of the earlier limit of 10 megawatts. The proposal would likely draw fire from environmentalists who claim larger facilities damage eco-systems and endanger wildlife.

Earlier this week, Wilson said that if the UK is to increase its reliance on renewables from the present 3 percent to the target of 10 percent of British generation "there has to be some give and take from environmentalists."

Wilson added, "The government is expected to create a 1 billion market for renewable energy by 2010. The main driver for this will be the renewables obligation so it is crucial that this mechanism encompasses hydroelectric power."

Scottish and Southern owns 56 hydroelectric plants in Scotland with a combined capacity of about 1,000 megawatts.

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